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Global Tunable Diode Laser Analyzer (TDLA) Market Report 2020

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News provided by

Research and Markets

Dec 22, 2020, 08:30 ET

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DUBLIN, Dec. 22, 2020 /PRNewswire/ -- The "Tunable Diode Laser Analyzer (TDLA) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Future Emphasis on the Environment to Drive 8.7% Gains for TDLA

Emerging from current COVID-19 related economic challenges, the global Tunable Diode Laser Analyzer (TDLA) market is expected to reach US$765 million by the year 2027, trailing a post COVID-19 CAGR of 8.7% over the analysis period 2020 through 2027. The current dual public health and economic crisis has complicated environmental compliance by creating operational and financial challenges for companies.

Post COVID-19 the focus on the environment will become sharper as stricter amendments are made to environmental regulations. Application of tunable diode laser analyzers in emission monitoring and control is poised to get a healthy boost. The most polluting of the industries will emerge as attractive revenue spinners with companies coming under pressure to resume environmental obligations applicable to their operations. Widely employed in on-line gas analysis processes, tunable diode laser analyzers are advanced devices intended to measure concentration of gases with superior selectivity of different components.

Sustained focus of environmental agencies such as the U.S. EPA on formulating new regulations and revising the existing rules favors growth in the tunable diode laser analyzers (TDLA) market. On August 13, 2020, the EPA announced two final rules revising and rolling back aspects of the VOC/methane New Source Performance Standards ( NSPS) pollution control standards. The new final rules are the 'Review Rule' or 'Policy Amendments' and the 'Reconsideration Rule' or 'Technical Amendments'. The 'Review Rule' entirely eliminates the standards for methane emissions, revised the 2016 and 2012 NSPS to remove storage and transmission segments from the category of sources regulated, and added new interpretations of the Clean Air Act that will have robust impact on the EPA's authority to regulate pollution.

Similarly in July 2020, the EPA proposed amendments to the 2013 National Emission Standards for Hazardous Air Pollutants (NESHAP) for Industrial, Commercial, and Institutional Boilers and Process Heaters. Boilers, the combustion devices intended to generate hot water or steam for on-site use in industrial operations, emit an array of air pollutants resulting in significant volumes of GHG emissions. The latest amendments aim to reduce toxic emissions from certain types of boiler units and illustrate the continued clean air progress made by the federal government.

The rule, known as the Boiler MACT, seeks to establish emission standards for categories of boilers on the basis of the maximum achievable control technologies (MACT), with the objective to further reduce emissions of hazardous air pollutants from boiler operations. The amendments and revisions to environmental guidelines would encourage industrial entities to streamline their emission control strategies, while placing emphasis on various related technologies such as TDLA systems. Extractive gas analyzers are used in a large number of industrial processes to measure major gas concentrations to the smallest of trace contaminants. The extractive measurement technology extracts a partial gas flow from process and through a sample system, prepares it for analysis.

Using various sensor technologies, the analyzer is able to distinguish a component and accurately measure its concentration. Determination of the concentration of gases in a process is used to control and monitor process flows, and is therefore decisive for the automation and optimization of processes and ensuring product quality. Extractive TDL analyzers offer accuracy, drift-free and reliable method for measurement of gas concentrations in a gas stream.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Impact of Covid-19 and a Looming Global Recession
  • Subdued Industrial Activity Induces Weakness in TDLA Market
  • Growing Concerns over Rising Emissions, Climate Change & Habitat Destruction Fueling Pandemics to Encourage Demand for TDLAs
  • New EPA Regulations Favor Further Growth in Adoption of TDLA Systems
  • Tunable Diode Laser Analyzer (TDLA): An Introduction
  • Extractive TDL Systems
  • In-Situ Gas Analyzers Offer Real-Time Gas Analyses to Improve Accuracy and Safety
  • Outlook
  • Rising Concerns over Gas Emissions to Galvanize Growth of Tunable Diode Laser Analyzer Market
  • Focus on Process Optimization & Environmental Monitoring to Support Demand
  • Oxygen-based Tunable Diode Laser Analyzers to Record Fastest Growth Rate
  • Oil & Gas Industry to Maintain Commanding Position in Tunable Diode Laser Analyzer Market
  • Asia-Pacific Market for Tunable Diode Laser Analyzers to Post Strong Growth
  • Competition
  • Recent Market Activity

2. FOCUS ON SELECT PLAYERS

  • ABB Ltd.
  • AMETEK, Inc.
  • Baker Hughes Company
  • Campbell Scientific, Inc.
  • Advanced Micro Instruments, Inc.
  • Applied Analytics, Inc.
  • Boreal Laser Inc.
  • ADEV S.r.l
  • Airoptic Sp. z o.o.
  • Analytical Technology and Control Limited

3. MARKET TRENDS & DRIVERS

  • Growing Focus on Higher Return on Investment (ROI) by Operators to Benefit Demand for Tunable Diode Laser Analyzers
  • Rise in Emissions from Oil & Gas Activity and Growing Concerns to Boost Prospects
  • Slowdown in Oil and Gas Sector Amid COVID-19 Impacts Current Demand
  • Industry Focus on Methane Emissions from Oil & Gas Industry to Benefit Growth
  • Technology Advancements Tunable Diode Laser Analyzer (TDLA) Propel Demand
  • Growing Investments in Process Automation in Industries Spur Growth Opportunities
  • Fast Evolving Role of Industry 4.0 & Process 4.0 to Steer Future Expansion
  • TDL Oxygen Analyzers Find Use in Critical Applications in Chemical Industry
  • TDLA Play a Vital Role in Preventing Explosion
  • Growing Emphasis on Reducing Emission in Power Sector to Drive Demand
  • Rise in Demand for Tunable Diode Laser Analyzer (TDLA) in Healthcare Industry
  • TDLAs Find Growing Use in Combustion Furnaces
  • Increasing Need to Monitor Pollutants Makes Cement Industry Hotbed for Tunable Diode Laser Analyzers
  • Next-Generation Laser-based Gas Analyzers for High-Dust Settings
  • Increasing Integration of SCR Technology with DeNOX Systems to Boost Tunable Diode Laser Analyzer Demand
  • COVID-19 to Augment Demand for Remote Monitoring Devices in Mining Industry

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 42

For more information about this report visit https://www.researchandmarkets.com/r/oc85hp

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets

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